Insurance Companies Act
296 (1) No person including a company shall distribute securities of a company except in accordance with the regulations made under subsection (2).
(2) The Governor in Council may make regulations respecting the distribution of securities of a company, including
(a) respecting the information that is to be disclosed by a company before the distribution of any of its securities, including the information that is to be included in a prospectus;
(b) respecting the manner of disclosure and the form of the information that is to be disclosed; and
(c) exempting any class of distribution of securities from the application of subsection (1).
- 1991, c. 47, s. 296
- 2005, c. 54, s. 272
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